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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$688,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
This exceptional corner unit, located on the second level of a prominent medical building, boasts high exposure and heavy traffic flow. The building offers plentiful parking at both the front and back, making it perfectly suited for dental professionals. With an ideal layout rare to the market, this unit is situated across from York-Central Hospital, making it the ideal place for specialist and dental use. Additionally, included is one underground parking space, which is highly sought-after within the building. **** EXTRAS **** **price incloud all existing dentistry equipment ** -hydro-water-heating/cooling-waste disposal-cleaners included in Maintenance fee.The source of the Cooling and Heat is a Heat pump unit. (id:39198)
Location
Province
Ontario
City
Richmond Hill
Address
206 - 250 Harding Boulevard W
Postal Code
L4C9M7
Location Highlights
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Listed by
RE/MAX HALLMARK REALTY LTD. Ontario listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
899
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$688,000
Asking Price
$688,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
899
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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